
Financial support for aspiring farmers
At a glance
- From $10,000 to $50,000
- Open Date : April 1, 2024
- Closing date : May 31, 2024
- Agriculture, forestry, fishing and hunting
Overview
Get up to $50,000 to work an existing farm or start a new business.
Financing terms and conditions
This grant offers flexible financing modalities tailored to the needs of young producers, providing both full-time and part-time support to enhance agricultural training and facilitate establishment.
- Full-time grant provides financial support ranging from $20,000 to $50,000.
- Part-time grant provides financial support ranging from $10,000 to $25,000.
- Grants can be utilized for productive investments such as land improvement and equipment purchase.
- The amount of grant is enhanced based on the level of training attained by the recipient.
- Required documents must be presented within five years from the date on which the grant is awarded to receive payment.
Activities funded
This grant supports aspiring farmers in Quebec by providing financial assistance for productive investments within their operations. The projects eligible for this grant enable improvements necessary for the initial establishment and sustainable growth of farming businesses.
- Land improvement activities to enhance productivity and sustainability.
- Purchase of equipment essential for agricultural operations and better management.
Eligibility
Eligibility for this grant is determined by specific criteria related to the applicant's profile and the viability of their farming project.
- Applicants must be domiciled in Quebec and be Canadian citizens or permanent residents.
- Applicants must be between 18 and 40 years of age.
- Applicants must have some recognized training in relevant fields.
- Applicants must own at least 20% shares in the operations.
- Applicants must have at least one year's relevant experience in farming.
- The farming project must include permanent, productive structures with future prospects.
- The farming business must have the potential to generate a gross annual income of at least $30,000 (part-time) or at least $50,000 (full-time) within 60 months of the grant confirmation date.
Who is eligible?
To qualify for the Financial Support Program for Aspiring Farmers, applicants must be domiciled in Quebec, be Canadian citizens or permanent residents aged between 18 and 40, possess some recognized training, own at least 20% of their farming operation, have at least one year of farming experience, propose a project with permanent productive structures, and demonstrate the potential for generating a gross annual income of at least $30,000 (part-time) or $50,000 (full-time) within five years.
Eligible expenses
The grant supports productive investments that facilitate either a full-time or part-time establishment in farming.
- Land improvement.
- Equipment purchase.
Eligible geographic areas
This grant is specifically available to aspiring farmers who are facing geographical eligibility requirements set by the funding authority. As per the available information, eligible participants must be domiciled in a particular region to qualify for support.
- Quebec, Canada.
Selection criteria
- The evaluation and selection criteria for this grant include the level of training completed by the applicant: Bachelor's of Science in agriculture, administration, or management; Diploma of Collegial Studies (DCS) in farm management and operations; or other equivalent diplomas. - The grant amount is determined based on the level of training completed, with higher levels of training qualifying for larger grant amounts. - The applicant must meet the age requirement of being between 18 and 40 years old to participate in the Tournez-vous vers l’excellence! Contest. - If the applicant's age falls outside the specified range, they may not be eligible for the contest. - The grant is intended to support full-time or part-time establishment on an existing farm or for starting a new agricultural business.
How to apply
Eligibility verification
Contact Initiation
Preparation of documents
- Gather and bring the following documents to your first meeting:
- Your business plan to explain your project.
- Your diplomas or the comparative evaluation if you have degrees from another country.
- Proof of age.
Meeting with the advisor
- Present your project and discuss the details with the advisor.
- The advisor will inform you of the other documents needed for the analysis of your file.
Submission of additional documents
Follow-up and payment
- Transmit your financial data annually.
- Present the necessary supporting documents for the grant payment within five years.
- Complete the Payment Request form and send it to your service center to obtain a disbursement.
Additional information
Here are additional relevant details for the Financial Support Program for Aspiring Farmers:
- The grant payment is contingent upon the presentation of proof documents, which must be submitted within five years from the grant award date.
- Participation in the "Tournez-vous vers l’excellence!" contest is available for applicants aged 18-40, with prizes including a $5,000 grant and smaller amounts.
- Applicants must have at least one year of relevant farming experience.
- A business plan and proof of education and age are required as part of the application.
- Grant amounts vary according to the applicant's level of educational training.
Contacts
Frequently Asked Questions about the Financial support for aspiring farmers Program
What is the Financial support for aspiring farmers?
How much funding can be received?
What expenses are eligible under Financial support for aspiring farmers?
What is the deadline to apply?
Is the Financial support for aspiring farmers a grant, loan, or tax credit?
Who are the financial supporters of the Financial support for aspiring farmers?
Who is eligible for the Financial support for aspiring farmers program?
Who can I contact for more information about the Financial support for aspiring farmers?
Where is the Financial support for aspiring farmers available?
Are startups eligible for the Financial support for aspiring farmers program?
Are youth (under 40) eligible for the Financial support for aspiring farmers program?
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